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OrangeDX has completed a $1.5 million financing round, aiming to expand the Bitcoin DeFi ecosystem

OrangeDX has completed a $1.5 million financing round, aiming to expand the Bitcoin DeFi ecosystem

2024/03/19 07:09

According to Odaily Star Daily, Bitcoin on-chain DeFi development company OrangeDX announced the completion of a $1.5 million financing round, with investors including GBV Capital, Odiyana Ventures, Triple Gem Capital, Nxgen, X21, Spicy Capital, Alphabit Fund, FundLand Capital and others. OrangeDX is a comprehensive Bitcoin protocol platform with a native DEX aggregator at its core designed to expand trading, bridging and lending services using the Bitcoin blockchain while further expanding the BRC-20 ecosystem. It also aims to foster new projects through an ILO mechanism.

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Goldman Sachs gives a cold shoulder: Treasury buybacks have a "relatively short-lived" effect, cooling inflation is the "best remedy" to push down US Treasury yields.